{"id":348911,"date":"2008-06-21T02:05:00","date_gmt":"2008-06-20T17:05:00","guid":{"rendered":"https:\/\/bund.jp\/?p=348911"},"modified":"2024-11-29T02:16:08","modified_gmt":"2024-11-28T17:16:08","slug":"money-as-debt-en","status":"publish","type":"post","link":"https:\/\/bund.jp\/en\/348911\/","title":{"rendered":"2006 Money as Debt"},"content":{"rendered":"\n<p><strong>\u25a1 <a href=\"http:\/\/bund.jp\/?p=16425\">Return to Anti-War Video Collection Top<\/a><\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Money as Debt I - Revised Edition 2009 (Full Movie)\" width=\"728\" height=\"410\" src=\"https:\/\/www.youtube.com\/embed\/2nBPN-MKefA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>We believe that &#8220;money is created by the government.&#8221;<br>We assume that &#8220;banks make profits by lending out deposited funds.&#8221;<br>We trust that &#8220;the government created the monetary system to facilitate economic transactions.&#8221;<\/p>\n\n\n\n<p>However, economists have known for over a century that this is not the case. In reality, government-issued currency accounts for only about 5% of all money circulating globally. The remaining 95% is created by private banks (financial capital), and the method they use is &#8220;debt (=credit).&#8221; In practice, this process is nothing more than rewriting data on a computer terminal.<\/p>\n\n\n\n<p>To sustain this system without collapse, continuous economic growth is necessary. However, under the current system, &#8220;economic growth&#8221; essentially means that new debt must increase at a pace exceeding the interest on existing debt. As a result, global debt has now reached astronomical levels, making it virtually impossible for humanity to repay it fully.<\/p>\n\n\n\n<p>Clearly, such a situation cannot persist indefinitely. Is it truly possible to transform the current system of financial capitalism into a sustainable society? This animation presents several solutions within the framework of capitalism. It suggests that for humanity, monetary reform (or the abolition of the current monetary system) is more urgent than political reform.<\/p>\n\n\n\n<p>This animation is especially for those who believe that &#8220;those who make money from money are the true winners and the most admirable.&#8221; In reality, this practice is fundamentally a criminal act.<\/p>\n\n\n\n<p><strong>Official Website<\/strong>: <a rel=\"noreferrer noopener\" href=\"http:\/\/www.moneyasdebt.net\/\" target=\"_blank\">http:\/\/www.moneyasdebt.net\/<\/a><\/p>\n\n\n\n<p> <strong>\u25a1&nbsp;<a href=\"http:\/\/bund.jp\/?p=16425\">Return to Anti-War Video Collection Top<\/a><\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u25a1 Return to Anti-War Video Collection Top We believe that &#8220;money is created by the government.&#8221;We &#8230;<\/p>\n","protected":false},"author":1,"featured_media":17968,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_locale":"en_US","_original_post":"http:\/\/bund.jp\/?p=17960","footnotes":""},"categories":[424,2121,64],"tags":[481,1114,1225,1230],"class_list":{"0":"post-348911","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-movie","8":"category-economic-justice","9":"category-classic","10":"tag-481","11":"tag-1114","12":"tag-dou-lecture","13":"tag-dou-capitalism","14":"en-US","15":"article"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>2006 Money as Debt - \u65d7\u65d7-HATAHATA<\/title>\n<meta name=\"description\" content=\"Discover the hidden realities of our monetary system and its reliance on debt creation. Explore the implications of financial capitalism, the global debt crisis, and the urgent need for monetary reform to build a sustainable future.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bund.jp\/en\/348911\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2006 Money as Debt - \u65d7\u65d7-HATAHATA\" \/>\n<meta property=\"og:description\" content=\"Discover the hidden realities of our monetary system and its reliance on debt creation. Explore the implications of financial capitalism, the global debt crisis, and the urgent need for monetary reform to build a sustainable future.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bund.jp\/en\/348911\/\" \/>\n<meta property=\"og:site_name\" content=\"\u65d7\u65d7-HATAHATA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/bundjp\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/bundjp\/\" \/>\n<meta property=\"article:published_time\" content=\"2008-06-20T17:05:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-28T17:16:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bund.jp\/wp-content\/uploads\/2008\/06\/Money-As-Debt.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"270\" \/>\n\t<meta property=\"og:image:height\" content=\"186\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u8349\u52a0 \u8015\u52a9\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/kousuke431\" \/>\n<meta name=\"twitter:site\" content=\"@kousuke431\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u8349\u52a0 \u8015\u52a9\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"2006 Money as Debt - \u65d7\u65d7-HATAHATA","description":"Discover the hidden realities of our monetary system and its reliance on debt creation. 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